Matt Taibbi : The SEC covering up Wall Street Crimes ?

Rolling Stone contributing editor Matt Taibbi has a new piece in Rolling Stone about the SEC the Securities and Exchange Commission covering up crimes on Wall Street and destroying the records of promising cases in the years leading up to the financial meltdown.The SEC has been shredding case documents all along so its no surprise there has been zero justice for the big time wall street criminals. isn't it strange that nothing happens to the Wall Street Crooks until they down grade the US Credit Ratings then all of a sudden the justice department goes after them. All there going to do is harass them. There is no way anyone will do jail time.the SEC is bought by the banks so of course they are going to get rid of all the evidence.,corrupt corporations infiltrate government agencies that are supposed to oversee them so they can hijack these agencies for their own corporate interest .Direct government involvement should always be minimal, or corrupt agencies like the SEC are the inevitable result, time and time again.America builds more prisons than schools but somehow we can’t open a branch on Wall Street.

Matt Taibbi : Michele Bachmann's Holy War !

Matt Taibbi : Michele Bachmann is not stupid , she is crazy and she believes a lot of things that are completely nuts says Matt Taibbi , she doesn't really know a whole a lot of things she is very confused about a lot of things but she really knows how to do politics she is a relentless campaigner she is not like Sarah Palin she like the campaigning aspect of it and she is going to be a formidable opponent Matt Taibbi said

Matt Taibbi : Lloyd Blankefein should face criminal charges

The Rolling Stone's Matt Taibbi explains why Goldman Shachs CEO Lloyd Blankefein should face criminal charges for fraud and perjury Yes, and also Ben Bernanke, preceded by Alan Greenspan, Larry Summers, Robert Rubin, and Henry Paulson just to name a few. Oh I almost forgot Dominique Strauss-Kahn....and Goldman gets away with it because they were–are Obama's biggest campaign contributors.Thank you Obama for giving Goldman Sachs trillions of dollars in bailouts of tax payer money so they can continue to screw us Americans



A modern nation state is designed like a pyramid a compartmentalized pyramid . this includes organized crime and intelligence agencies. in every moderately successful nation organized crime and intelligence services are integrated in a revolving door fashion. the US is a "corporation" with 2 sets of books

Matt Taibbi : The Big Banks will be ripping off people again

Matt Taibbi : The Big Banks will be ripping off people again Maddof ran his ponzi scheme for a long time . People had to know what he was up to . People must of been paid great sums of hush money . Thats what the banker bail-out was , hush money .here are no consequences for Obama's deceptions either. America is not a democracy. Let's get that straight. This is fascism at work.END THE FEDERAL RESERVE.....ABOLISH THE IRS.....RESTORE THE REPUBLIC


No our politicians are NOT isolated. Our politicians DO SEE what's going on.
Our politicians are corrupt. Our politicians are effectively owned by banks and the rich. They will never regulate banks / credit cards /  insurance / oil company prices / medicine / pharmaceuticals / .... or anything else that represents big business.They laugh while we suffer. They get rich from your loss. They profit from war. They steal and are protected. They get bailouts, we lose our homes. They rule the media, the banks, the government. They own you.Greedy bankers,corporate thieves,corrupt politicians,business man that commit envronmental crimes...We will never be free during these kind walk free on the world, TO LIVE FOREVER IN JAIL thats what they deserve and need to happen...

Matt Taibbi : Wall Street Insiders Are Using the Bailout to Stage a Revolution

According to Matt Taibbi - journalist, author and contributing editor to Rolling Stone magazine , Wall Street executives from Goldman Sachs should be plucked from the board room and thrown into court. If Roger Clemens and Martha Stewart are brought before juries for lying, why shouldn't the same happen to the men who are responsible for the state of the US dollar? Wall Street is a direct threat to the national security of America, says Taibbi, and he fears that the country's economy is in danger of going completely corrupt.Another interesting connection between Goldman Sachs and Greece: Goldman Sachs helped the Greek government to mask the true extent of its deficit with the help of a derivatives deal that legally circumvented the EU Maastricht deficit rules. At some point the so-called cross currency swaps will mature, and swell the country's already bloated deficit.

Matt Taibbi on Wall Street Criminal Syndicate

Matt Taibbi - journalist, author and contributing editor to Rolling Stone magazine. Matt is right, it is dangerous to assume the attitude of "it's already over, let's not bother going back and stirring up the hornet's nest." By way of the government becoming a lawless entity so has Wall Street - the two are completely 'co-mingled'. We need to take our suffering and outrage to the polls in 2012, mine will be expressed in my vote for RON PAUL, and voting OUT whatever incumbent Representatives up for reelection (because all of mine are traitors).



It is NOT time to move on. These criminals need to be brought to JUSTICE. The crimes of wall street and the city of London have to be answered for. This affected millions of good, honest people who lost everything, while, those who caused it were actually rewarded by being bailed out, and now are back to the level of bonuses they had before the crash. BRING THEM TO JUSTICE .Corporations can spend unlimited amounts on elections due to the Citizens United ruling (Corporate Personhood) which makes Corporatism possible. Ron Paul hasn't made so much as a peep regarding Corporate Personhood. Now someone like Bernie Sanders on the contrary has, even recently calling for a Constitutional amendment that would strike down that ruling.

Matt Taibbi Goldman Sachs CEO should be in Jail

Blankfein is a bigger threat to America than Osama could ever have hoped to be.
And the so-called "war on terror" is just a front for American imperialism in the Middle East.According to Rolling Stone's Matt Taibbi, Wall Street executives from Goldman Sachs should be plucked from the board room and thrown into court. If Roger Clemens and Martha Stewart are brought before juries for lying, why shouldn't the same happen to the men who are responsible for the state of the US dollar? Wall Street is a direct threat to the national security of America, says Taibbi, and he fears that the country's economy is in danger of going completely corrupt.



The government is the terrorist and the war is here on the citizen of the USA.and the government needs to move their family to safety be for the sparks fly.patriots wake up its time to protect our country and our rights against a government of wolves that grows more power-hungry with every passing day.Aim at the head of the beast, the privately owned, Federal Reserve Bank. Who prints money out of thin air and charges us interest. Every dollar created is out of debt and triple that everytime you charge something on credit. No Matt Taibbi, Blankfein, Bernanke, and Geitner needs to be taken out. They are committing financial terrorism on the citizens of all western nations, especially here in the states. Too bad, Rolling Stone hasn't done an article on how the Federal Reserve Robs us blind.

Matt Taibbi Interview : GOLDMAN SACHS vs The PEOPLE

Rolling Stone journalist, Matt Taibbi discusses the latest developments in the Goldman Sachs corruption trial. Why banksters never go to jail ????
Is Goldman Sachs Above The Law ? Obviously, blatantly, sadly, and obviously so Goldman Sachs was caught but it is still above the law . Goldman and JP Morgan own the US Government . Both political parties are protecting these criminals. That is the first thing we need to understand.These banks should have been nationalized. Of course then the Republicans would have called Obama a communist. Deregulation allowed this theft. Republican legislators are now trying to roll back the meager new Dodd-Frank protections. These new regulations didn't go nearly far enough. And they are also trying to de-fund the new Financial Consumer Protection Agency.





Since 2008, Obama took from Corporations & Lobbyists....

Goldman Sachs $474,428

UBS Bank $298,180

JP Morgan Chase $282,387

Lehman Brothers $274,147

National Amusements Inc $265,750

Sidley Austin LLP $251,657

Matt Taibbi : Goldman Sachs Should Be Prosecuted

Rolling Stone journalist, Matt Taibbi joins Thom to discuss the latest developments in the Goldman Sachs corruption trial. Why banksters never go to jail ????



report shows that investment bank Goldman Sachs should face criminal charges.Rolling Stone - The People vs. Goldman Sachs A Senate committee has laid out the evidence. Now the Justice Department should bring criminal charges
By Matt Taibbi
http://www.rollingstone.com/politics/news/the-people-vs-goldman-sachs-20110511

Matt Taibbi : Why Isnt Wall Street in Jail?

Matt Taibbi on His New Article in Rolling Stone Magazine Titled, "Why Isn't Wall Street in Jail?"
DemocracyNow.org -
"Nobody goes to jail," writes Matt Taibbi in the new issue of Rolling Stone magazine. "This is the mantra of the financial-crisis era, one that saw virtually every major bank and financial company on Wall Street embroiled in obscene criminal scandals that impoverished millions and collectively destroyed hundreds of billions, in fact, trillions of dollars of the world's wealth." In an interview with Democracy Now!, Taibbi explains how the American people have been defrauded by Wall Street investors and how the financial crisis is connected to the situations in states such as Wisconsin and Ohio.

For the video/audio podcast, transcript, to sign up for the daily news digest, and for today's entire show, visit http://www.DemocracyNow.org.

Interview with Author Matt Taibbi

Matt Taibbi discusses his book "Griftopia: Bubble Machines, Vampire Squids, and the Long Con That Is Breaking America" and the stunning rise, fall and rescue of Wall Street in the bubble-and-bailout era and the inner workings of politics and finance in America.



great talk, unfortunately even though Taibbi has it down and explains it clearly, it is still too complicated for the American public to understand how the system has shafted them and saddled them with 40k$ debt per capita that their children and grandchildren will be paying off assuming we dont go the way of all the previous empires and just simply default after the revolution ...

Matt Taibbi Talks About Secret Wall Street Committees

Matt Taibbi Talks About Secret Wall Street Committees



Everyone should read Matt Taibbi's "Griftopia." , just when you thought you had figured out how much corruption there is in Washington and Wall Street, you find out you "ain't seen nothing yet."

Matt Taibbi on Mortgage Fraud

Rachel Maddow Banks burned by their own fraud

Matt Taibbi's latest piece focuses on the Rocket Docket court set up in Jacksonville to expedite a backlog of foreclosure cases in the state of Florida....
A top Treasury Department official said Tuesday that federal investigators looking into problems with mortgage foreclosures throughout the country have found widespread and “inexcusable” breakdowns in basic controls in the foreclosure process.
“These problems must be fixed,” Assistant Treasury Secretary Michael Barr told members of the Financial Stability Oversight Council, the newly formed panel of regulators responsible for identifying potential risks to the financial system

Matt Taibbi : Insider Trading Is Everywhere

"Everybody is trading on the inside somehow or another, so this isn't particularly surprising," Taibbi says. "A lot of sources I talked to suggested this is endemic to the entire culture.""The real issue here is that it's everywhere," he says. "And the fear is there's no end to it."
Taibbi, who became widely known in financial circles in 2009 when he dubbed Goldman Sachs "a vampire squid on the face of humanity," says he is not cynical by nature. "But this Wall Street stuff is overwhelming," he says. "The more you look into it, the less you see the way out. The government seems so completely helpless to do anything positive in this situation."
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Matt Taibbi On Vampire Squids And Griftopia

NEW YORK (TheStreet) -- Matt Taibbi, author of Griftopia, says America is devolving into a thieves paradise because of the actions of "vampire squids" like Goldman Sachs and former Fed Chief Alan Greenspan.

Matt Taibbi About How John Boehner Wants To Axe Office Of Congressional Ethics

Matt Taibbi Talks About How John Boehner Wants To Axe Office Of Congressional Ethics

Matt Taibbi : What Obama Has Accomplished

Matt Taibbi author of : "Griftopia: Bubble Machines, Vampire Squids, and the Long Con That Is Breaking America" on the presidents handling of the economy and health-care reform.

The Fed Magic Money-Printing Machine, Act 2

QE2,FED's try to jump start US economy or get Bankers rich and mission accomplished?

"What is “QE”? The first round of “quantitative easing” was a program announced by Ben Bernanke last March in response to the financial crisis, ending in March of this year. In what will soon be known as “QE1”(i.e. once QE2 is announced), Bernanke printed over a trillion dollars out of thin air, then used that money to buy, among other things, mortgage-backed securities (MBS) and Treasury Bonds. In other words, the government was printing money to a) lend to itself and b) prop up the housing market, with Wall Street stepping in to take a big cut. " Matt Taibbi on The Fed's Magic Money-Printing Machine, Act 2 http://www.rollingstone.com/politics/...

****** Quantitative easing *******

The term quantitative easing (QE) describes a monetary policy used by central banks to increase the supply of money by increasing the excess reserves of the banking system. This policy is usually invoked when the normal methods to control the money supply have failed, i.e the bank interest rate, discount rate and/or interbank interest rate are either at, or close to, zero.

A central bank implements QE by first crediting its own account with money it creates ex nihilo ("out of nothing").[1] It then purchases financial assets, including government bonds, agency debt, mortgage-backed securities and corporate bonds, from banks and other financial institutions in a process referred to as open market operations. The purchases, by way of account deposits, give banks the excess reserves required for them to create new money, and thus hopefully induce a stimulation of the economy, by the process of deposit multiplication from increased lending in the fractional reserve banking system.

Risks include the policy being more effective than intended, spurring hyperinflation, or the risk of not being effective enough, if banks opt simply to sit on the additional cash in order to increase their capital reserves in a climate of increasing defaults in their present loan portfolio.[1]

"Quantitative" refers to the fact that a specific quantity of money is being created; "easing" refers to reducing the pressure on banks.[2] However, another explanation is that the name comes from the Japanese-language expression for "stimulatory monetary policy", which uses the term "easing".[3] Quantitative easing is sometimes colloquially described as "printing money" although in reality the money is simply created by electronically adding a number to an account. Examples of economies where this policy has been used include Japan during the early 2000s, and the United States, the United Kingdom and the Eurozone during the global financial crisis of 2008--the present, since the programme is suitable for economies where the bank interest rate, discount rate and/or interbank interest rate are either at, or close to, zero.

Overcoming Bank Lobbyists Fight Against Financial Reform

Matt Taibbi on White House Response to Oil Spill

May 27, 2010 — Rolling Stone's Matt Taibbi on the financial reform bill passing in the House despite efforts by the banking lobbyists.
Rolling Stone's Matt Taibbi on the administrations slow response to the BP oil spill.